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Loan Payable Under Credit Agreement (Tables)

9 Months Ended

Sep. 30, 2021

Loan Payable Disclosure [Abstract]

Schedule of covenant requirements, and flexshopper's actual results

		September 30, 2021
		Required Covenant				Actual Position
Equity Book Value not less than		$	8,000,000				15,236,187
Liquidity greater than			1,500,000				3,147,926
Cash greater than			500,000				3,147,926
Consolidated Total Debt to Equity Book Value ratio not to exceed			5.25				2.56

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- Definition

Schedule of covenant requirements, and FlexShopper’s actual results.

+ References

No definition available.

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